07 February 2009
KUALA LUMPUR: Islamic bank Kuwait Finance House Malaysia said yesterday it has received a $300 million capital injection from its parent. That leaves the bank, a subsidiary of Kuwait Finance House, Kuwait's biggest Islamic lender, with paid-up capital of $500 million.
"The strong liquidity and capital position enables us to look at and seriously evaluate various investment opportunities in Malaysia and within the region," K Salman Younis, Kuwait Finance Malaysia Managing Director said in a statement.
KUALA LUMPUR: Islamic bank Kuwait Finance House Malaysia said yesterday it has received a $300 million capital injection from its parent. That leaves the bank, a subsidiary of Kuwait Finance House, Kuwait's biggest Islamic lender, with paid-up capital of $500 million.
"The strong liquidity and capital position enables us to look at and seriously evaluate various investment opportunities in Malaysia and within the region," K Salman Younis, Kuwait Finance Malaysia Managing Director said in a statement.
© Kuwait Times 2009
